Diamonds and rust
With India being the world’s largest exporter of loose cut and polished diamonds, thousands of jewellery exporters in Maharashtra and lakhs of skilled artisans in Gujarat are worried about the impact of the 50% U.S. tariff on gems and 57% on jewels. Business owners tell Vinaya Deshpande Pandit that they are asking the government for short-term policy relief
With India being the world’s largest exporter of loose cut and polished diamonds, thousands of jewellery exporters in Maharashtra and lakhs of skilled artisans in Gujarat are worried about the impact of the 50% U.S. tariff on gems and 57% on jewels. Business owners tell Vinaya Deshpande Pandit that they are asking the government for short-term policy relief
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